The San Francisco Board of Supervisors is scheduled to vote later today to provide a $115.8 million construction loan for affordable housing at Transbay Block 2 East. The proposal is expected to rise 17 stories tall and bring 184 below-market-rate rental apartments to 200 Folsom Street in the heart of the densely-developed Transbay neighborhood. Mercy Housing is the project sponsor.
Demolition permits have been filed for the existing single-story terminal building of Transbay Block 2 at 200 Folsom Street in SoMa, San Francisco. The permit was proceeded by new building permits from mid-November of last year for two future affordable housing developments with a total of 335 homes. The city’s planning department has yet to issue the permits to both developer, Mercy Housing, and the Chinatown Community Development Center.
American Institute of Architects chapter in San Francisco has announced the awardees of the AIASF Housing+ San Francisco 2050 Design Competition. AIASF set the competition as a response to the city’s Housing Element requirement for 82,000 new units of housing by 2031. The winning submission is Sunset Steps, a four-story infill with ten homes designed by West of West Architecture & Design.
Three project applications with nearly nine hundred units have been published for buildings in the Parkmerced master plan next to the SFSU campus in San Francisco. The submissions are scheduled to be reviewed during the city’s Planning Commission meeting this Thursday. The informational presentation will allow staff and the public to comment on each project. San Francisco-based Maximus Real Estate Partners is the property owner and development sponsor.
A recent site visit to Treasure Island by YIMBY reveals significant progress has been made for the region’s most active construction project. Cranes and rising concrete have only started to divulge the scale of the 405-acre vision, nearly three decades in the making, that will redevelop San Francisco’s storied artificial island with a mixed-use urban neighborhood populated by around eight thousand homes. The Treasure Island Community Development joint venture sponsors the project.
